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Home » Asia » What is the unemployment rate in Laos 2019?

What is the unemployment rate in Laos 2019?

December 14, 2021 by Bridget Gibson

In 2020, the unemployment rate in Laos was at approximately 0.95 percent.
Laos: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2020 0.95%
2019 0.62%
2018 0.64%
2017 0.65%

Contents

How many people are unemployed in Laos?

496,000 unemployed
Laos has a total of 496,000 unemployed, with 439,082 local employees and 56,918 migrant workers returning from overseas, KPL reports.

Why is Laos unemployment so low?

Due to a lack of labourers, Dr Leeber said project developers and companies import labourers from other countries. Laos is similar to Thailand in a way that the unemployment rate has been low not because of different definitions from other countries but because of structural problems.

Which country has the highest unemployment rate 2019?

Here are the 10 countries with the highest rates of unemployment:

  • Burkina Faso (77.00%)
  • Syria (50.00%)
  • Senegal (48.00%)
  • Haiti (40.60%)
  • Kenya (40.00%)
  • Djibouti (40.00%)
  • Republic of the Congo (36.00%)
  • Marshall Islands (36.00%)

What country has the highest unemployment rate 2020?

According to a new report released on Tuesday by Bloomberg, South Africa has the highest unemployment rate on a global list of 82 countries as the jobless rate increased to 34.4 per cent in Q2 2021 from 32.6 per cent in Q1 2021.

What is the average income in Laos?

The average annual income in Laos is around $2,150 USD, compared to $5,640 USD in Thailand, $ 2,060 USD in Vietnam and $ 1,140 USD in Cambodia.

What is the unemployment rate in Indonesia?

This statistic shows the unemployment rate in Indonesia from 1999 to 2020. In 2020, the unemployment rate in Indonesia was at approximately 4.11 percent.
Indonesia: Unemployment rate from 1999 to 2020.

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Characteristic Unemployment rate
2019 3.62%
2018 4.4%
2017 3.88%
2016 4.3%

What is the literacy rate in Laos?

84.66%
Lao PDR Literacy Rate 1995-2021

Similar Country Ranking
Country Name Literacy Rate
Lao PDR 84.66%
Nicaragua 82.61%
Cambodia 80.53%

What is the unemployment rate in Vietnam?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Vietnam unemployment rate for 2020 was 2.27%, a 0.23% increase from 2019. Vietnam unemployment rate for 2019 was 2.04%, a 0.88% increase from 2018.

How many people are unemployed in Myanmar?

Myanmar unemployment rate for 2018 was 0.87%, a 0.69% decline from 2017. Myanmar unemployment rate for 2017 was 1.56%, a 0.42% increase from 2016.
Myanmar Unemployment Rate 1991-2021.

Myanmar Unemployment Rate – Historical Data
Year Unemployment Rate (%) Annual Change
2019 0.50% -0.37%
2018 0.87% -0.69%
2017 1.56% 0.42%

Which European country has the highest employment rate?

Sweden (80.8 %), Germany (80.1 %) and the Netherlands (80.0 %) display the highest employment rates in the EU so far, with more than 8 out of 10 persons aged 20 to 64 in employment in 2020. Such a high rate is also observed in the EFTA countries Switzerland (82.5 %) and Iceland (82.3 %).

Which country has the most unemployed?

In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.

What is China’s unemployment rate?

In 2020, the rate of registered unemployment in urban areas of China increased to about 4.2 percent due to the COVID-19 pandemic.
Unemployment rate in urban China from 2010 to 2020 with forecasts until 2026.

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Characteristic Unemployment rate
2020 4.24%
2019 3.62%
2018 3.8%
2017 3.9%

Why is Egypt unemployment rate so high?

The unemployment issue in Egypt is mainly about the educated youth seeking its first job. The mismatch of skills between job requirements and the qualification of job seekers, the high reservation wage of new school leavers, and limited labor mobility are at the root of the problem.

Which country has the highest employment rate in the world?

The adult employment rate in 2020 was higher in Switzerland than any other Organization for Economic Cooperation and Development (OECD) country, at 79.9 percent.
Employment rate in OECD countries in 2020.

Characteristic Employment rate
Germany* 76.7%
Sweden 75.5%
United Kingdom 75.3%
Norway 74.7%

Which country has less unemployment rate?

Country Comparison > Unemployment rate

Rank Country Unemployment rate (%)
1 Burkina Faso 77
2 Syria 50
3 Senegal 48
4 Haiti 40.6

What is a good salary in Laos?

The salary range for people working in Laos is typically from 2,397,597.00 LAK (minimum salary) to 7,936,611.00 LAK (highest average, actual maximum salary is higher).

What is the cost of living in Laos?

Summary: Family of four estimated monthly costs are 2,549$ without rent. A single person estimated monthly costs are 722$ without rent. Cost of living in Laos is, on average, 15.23% lower than in United States.
Cost of Living in Laos.

Restaurants Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 96.00$

What is the minimum wage in Laos?

800,000 Lao kip per month
The Laos minimum wage is 800,000 Lao kip per month ($100) plus 30,000 kip per day as a meal allowance ($3.74) for private sector workers,1,400,000 kip ($170) per month for civil servants and state enterprise employees,often complemented with government benefits and housing subsidies.

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Why is Indonesia unemployment so low?

During the course of Suharto’s New Order, economic development added many new jobs to the Indonesian economy, thus pushing down the nation’s unemployment rate.Today, around 80 percent of this informal employment is concentrated in the nation’s rural areas, particularly in the construction and agriculture sectors.

Is Indonesia in poverty?

Poverty Data: Indonesia
In Indonesia, 9.8% of the population lived below the national poverty line in 2020. From 10.4% in 2013, the proportion of employed population below $1.90 purchasing power parity a day is 3.5% in 2019 in Indonesia.

Filed Under: Asia

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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